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    Indemnity Bond For Lost Document by Borrower To HDFC

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    Adarsh Pandey
    This deed of indemnity is between a borrower (the executant) and HDFC bank regarding a property purchase loan. The executant is purchasing a property and taking a loan from HDFC for it. However, the seller of the property has lost an essential title document. Through this deed, the executant agrees to fully indemnify and reimburse HDFC for any losses or expenses incurred due to the missing title document or its non-delivery by the seller. The executant also declares this bond is binding and irrevocable.

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    © All Rights Reserved
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    Indemnity Bond For Lost Document by Borrower To HDFC

    Uploaded by

    Adarsh Pandey
    204 views1 page
    This deed of indemnity is between a borrower (the executant) and HDFC bank regarding a property purchase loan. The executant is purchasing a property and taking a loan from HDFC for it. However, the seller of the property has lost an essential title document. Through this deed, the executant agrees to fully indemnify and reimburse HDFC for any losses or expenses incurred due to the missing title document or its non-delivery by the seller. The executant also declares this bond is binding and irrevocable.

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    Indemnity_Bond_for_lost_Document_by_Borrower__to_HDFC

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    This deed of indemnity is between a borrower (the executant) and HDFC bank regarding a property purchase loan. The executant is purchasing a property and taking a loan from HDFC for it. However, the seller of the property has lost an essential title document. Through this deed, the executant agrees to fully indemnify and reimburse HDFC for any losses or expenses incurred due to the missing title document or its non-delivery by the seller. The executant also declares this bond is binding and irrevocable.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    204 views1 page

    Indemnity Bond For Lost Document by Borrower To HDFC

    Uploaded by

    Adarsh Pandey
    This deed of indemnity is between a borrower (the executant) and HDFC bank regarding a property purchase loan. The executant is purchasing a property and taking a loan from HDFC for it. However, the seller of the property has lost an essential title document. Through this deed, the executant agrees to fully indemnify and reimburse HDFC for any losses or expenses incurred due to the missing title document or its non-delivery by the seller. The executant also declares this bond is binding and irrevocable.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    of 1

    DEED OF INDEMNITY

    (FROM BORROWER TO HDFC)

    THIS DEED OF INDEMNITY is made on the day of 2005 by


    Mr. ……………………………… son of Mr. ………………………. Resident of
    …………………………………………………………………………., hereinafter
    called The Executants (which expression shall mean their heirs, executors,
    administrators and assignees unless and until it is repugnant to the context or
    meaning thereof) in favour of Housing Development Finance Corporation Ltd.
    having its office at Capital Court, Olof Palme Marg Outer Ring Road, Munirka,
    New Delhi hereinafter called the Second Party of the other Part (which expression
    shall mean its executors, administrators and assignees unless and until it is
    repugnant to the context or meaning thereof).
    WHEREAS the Executant is purchasing the property bearing No.
    ……………………………………………………………...………… and for that he are
    taking loan from the Second Party.
    AND WHEREAS the Executant is aware of the fact that the Seller of the
    said property has lost …………………….. document executed by
    ………………….. in favour of Seller which is essential, necessary title document.
    AND WHEREAS the First Party has assured the Second party that the
    Loan liability of the First party shall be paid on time and the Second Party shall not
    suffer any loss whatsoever due to the non delivery of the said title document by
    the Seller to the First Party.
    AND WHEREAS the Second Party on the assurances of the First party and
    on the following present agreed to advance the Loan requested by the First Party.

    NOW THIS DEED WITNESSES THAT

    That the Executant, their heirs, executors, administrators, assigns, etc.


    shall fully and effectually indemnify and keep indemnified the Second Party, its,
    executors, administrators, assigns, etc. against all loss and damage, costs,
    charges and expenses which it or they or any one of them may be put to or
    reasonably incur or suffer by reason of the fact of the said loss of the title
    document and non delivery of the title document by the seller to the first party in
    respect of the property the First party are intended to purchase.
    That the Executants also claim and declare that this bond is irrevocable
    and shall be binding on them, their heirs, executors, administrators and assignees
    unless and until it is repugnant to the context or meaning thereof.
    IN WITNESS WHEREOF the Executants have signed, sealed and
    delivered this Bond on day, month and year first abovementioned.

    EXECUTANTS
    WITNESSES: -
    1.

    2.

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